Joint implementation under asymmetric information and strategic behavior

1996 ◽  
Vol 8 (4) ◽  
pp. 431-447 ◽  
Author(s):  
Cathrine Hagem
Keyword(s):  
Asymmetric Information ◽  
Strategic Behavior ◽  
Joint Implementation

AGENCY PROBLEM DALAM PENERAPAN PEMBIAYAAN AKAD MUDHARABAH PADA PERBANKAN SYARIAH

ALQALAM ◽  
2016 ◽  
Vol 33 (1) ◽  
pp. 46
Author(s):  
Aswadi Lubis
Keyword(s):  
High Risk ◽  
Asymmetric Information ◽  
Human Resources ◽  
Moral Hazard ◽  
Adverse Selection ◽  
Agency Problem ◽  
Agency Problems ◽  
Islamic Banking ◽  
The Public

The purpose of writing this article is to describe the agency problems that arise in the application of the financing with mudharabah on Islamic banking. In this article the author describes the use of the theory of financing, asymetri information, agency problems inside of financing. The conclusion of this article is that the financing is asymmetric information problems will arise, both adverse selection and moral hazard. The high risk of prospective managers (mudharib) for their moral hazard and lack of readiness of human resources in Islamic banking is among the factors that make the composition of the distribution of funds to the public more in the form of financing. The limitations that can be done to optimize this financing is among other things; owners of capital supervision (monitoring) and the customers themselves place restrictions on its actions (bonding).

The Sustainable Implementation of a Master’s Programme in IT for Education in a Developing Context

2018 ◽  
Vol 39 (2) ◽  
Author(s):  
Johannes C Cronje ◽  
Emmanuel Arthur-Nyarko ◽  
Palmas Anyagre
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Research Output ◽  
Institutional Support ◽  
Joint Implementation ◽  
Host Institution ◽  
University Administrators ◽  
Partner Institution ◽  
Sustainable Implementation ◽  
Information And Communication

This article gives an account of the joint implementation by the sponsor, the host institution and the partner institution of a master’s programme in Information and Communication Technology for Education at a leading African university in 2005. The success of the programme was such that it became a flagship programme at the institution. In the context of many failed joint implementations of such programmes, the question that arose and that prompted the writing of this article was, “Why did this programme succeed?” The literature indicates two elements that contribute to successful implementations: the individuals responsible for the course, and the support the institution gives. Interviews with the course coordinator, university administrators, alumni and current students, and an analysis of course documents and students’ research output revealed the nature of the activities of certain individuals and also of the institutional support factors that led to the success of the programme. Based on the study conducted, this article provides some suggestions that other implementers of similar projects may find useful.

The Internet is a Semicommons

2018 ◽  
Author(s):  
James Grimmelmann
Keyword(s):  
Open Field ◽  
Online Communities ◽  
Strategic Behavior ◽  
Private Property ◽  
The Internet ◽  
Field System ◽  
Technical Features ◽  
Dynamic Interplay ◽  
Enormous Success

78 Fordham Law Review 2799 (2010)The Internet is a semicommons. Private property in servers and network links coexists with a shared communications platform. This distinctive combination both explains the Internet's enormous success and illustrates some of its recurring problems.Building on Henry Smith's theory of the semicommons in the medieval open-field system, this essay explains how the dynamic interplay between private and common uses on the Internet enables it to facilitate worldwide sharing and collaboration without collapsing under the strain of misuse. It shows that key technical features of the Internet, such as its layering of protocols and the Web's division into distinct "sites," respond to the characteristic threats of strategic behavior in a semicommons. An extended case study of the Usenet distributed messaging system shows that not all semicommons on the Internet succeed; the continued success of the Internet depends on our ability to create strong online communities that can manage and defend the infrastructure on which they rely. Private and common both have essential roles to play in that task, a lesson recognized in David Post's and Jonathan Zittrain's recent books on the Internet.

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